FIG - Capital Gains

Myself and my husband are planning to return to the UK at some point during the 25/26 tax year to be closer to, and to look after, my husband’s elderly parents. We are dual UK/US citizens - both born in the UK and since acquiring US citizenship. We left the UK in 2000 and have never spent more than a few weeks in any one year in the UK. Our return to the UK is a temporary one, likely to extend no longer than 3-4 years, but during these years it is likely that we will receive a significant amount of money related to a sale of US based business/land (that will be subject to US Capital Gains Tax). Am I correct in thinking that any such income would not be subject to UK taxes based upon the new Foreign Income & Gains legislation coming into effect from April 2025? Thanks in advance for your advice.

Hi Julie Jones,
The guidance relating to the impending changes to the remittance basis mean that we cannot currently provide advice on this matter.
Thank you.